Kate Kelly joined CNBC in May 2010 as a reporter focusing on hedge funds and Wall Street. She appears during CNBC's business day programming and contributes to CNBC.com.
Previously, Kelly was a staff reporter for The Wall Street Journal, where she spent a decade. She covered numerous firms for the Journal including Goldman Sachs and Morgan Stanley as well as the movie business and the New York Stock Exchange. Before joining the Journal in 2001, she was a writer and reporter for Time magazine and, before that, a reporter at The New York Observer.
She has won a number of prestigious awards, including two Gerald Loeb Awards, four awards from the Society of American Business Editors and a Livingston Award for Young Journalists in the national reporting category.
She also has been honored by the Newswomen's Club of New York, the Medill School of Journalism and the New York City Deadline Club. She is the best-selling author of "Street Fighters: The Last 72 Hours of Bear Stearns, the Toughest Firm on Wall Street" and is currently at work on her second book, which is on the world of commodities trading.
Kelly holds a bachelor's degree from Columbia College at Columbia University.
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State capital Harrisburg, population 50,000, is only the ninth-biggest city in Pennsylvania. Yet it has become a center of debate over the nation’s brewing municipal fiscal crisis.
It soon became clear that the “risk factors” section of the documents, in which BP would lay out the perceived risks to its bondholders, was too delicate an explanation to rush, says one of the people familiar with the matter, and the company realized it would likely need at least another week to finish the prospectus.
According to people familiar with the matter, this stake could be priced at as much as $200 million.
Heading into Tuesday’s runoff, many bank officials were praying that the resolution of Blanche Lincoln’s primary election would also mean the end of the derivatives carve-out. But, Lincoln captured 52 percent of the vote, securing her position in the fall election.
Wall Street officials, who have invested heavily in lobbying against the Lincoln amendment, are hoping Tuesday's Arkansas run-off race will be its death sentence.
Meet the business turnaround king Marcus Lemonis. He's spending millions of his own money to save failing businesses.
You can pick your friends, but you can’t pick your office neighbor. Here are some cubicle neighbors you don't want.
Marcus Lemonis of "The Profit" explains the most common financial mistakes businesses make and how to avoid them.
Joe and Tina Caronna are living the good life: a nice house, a collection of fancy sports cars, and loads of cash for vacations and fun. But while Tina has earned her money as a financial executive, Joe's life as an insurance agent isn't exactly legit. When Tina learns of her husband's fraud ... the results are deadly.
Insurance agent Joe Caronna steals money from friends by selling bogus annuities to feed his expensive lifestyle. He's able to conceal his fraud for years without detection.
When Tina Caronna doesn't return from a shopping trip, Joe enlists friends and family to search for his missing wife.